Epic Games accuses Google, Samsung of illegal collusion with ‘auto blocker’ feature in antitrust suit
“Fortnite” maker Epic Games filed a second antitrust lawsuit against Google on Monday, accusing the search giant of illegally colluding with smartphone giant Samsung to suppress app developers. Epic, led by CEO Tim Sweeney, was banned in December after a jury found that Google operated an illegal monopoly over the Google Play app store and […]
Feds Admit 155,000 Migrant Driver Arrests as Auto Insurance Spikes
As Americans' auto insurance premiums skyrocket, the federal government has released data showing more than 155,000 immigrants have been convicted or charged with traffic crimes. It has become clear that dangerous, drunk, drugged or reckless drivers are being imported in large numbers. report By Immigration and Customs Enforcement within the Department of Homeland Security. For […]
How the Fed’s rate cut will impact auto loans
Eddie Ghabour, co-founder of Key Advisors Wealth Management, speaks with Varney & Co. about how the Fed's decision to cut interest rates will impact markets in the near term. Americans looking to buy a car in the near future may be hoping that the Federal Reserve's 50 basis point cut in the federal funds rate […]
Trump says he will make Chines auto imports from Mexico ‘Unsellable’
At a campaign rally in Flint, Michigan on Tuesday night, former President Trump spoke about his plans to impose a 200% tariff on all cars imported from Mexico, saying they would “be unsellable” in the United States. “Tariffs are the greatest invention of all time,” Trump said at a town hall event hosted by Arkansas […]
Americans are falling behind on credit card bills, auto loans
There are growing signs that Americans are struggling to make payments, and Wall Street is starting to worry. About 9.1% of credit card balances were delinquent in the past year, the highest rate in more than a decade, according to a recent survey by the Federal Reserve Bank of New York. The same survey found […]
‘Auto Workers for Trump’ leader says thousands poised to break from Dems over green policies, job-killing regs
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Biden-Harris EV Rule Could Gut 123,000 Auto Manufacturing Jobs
According to an analysis by the America First Institute, the Biden-Harris plan for electric vehicles could cost the U.S. 123,000 auto manufacturing jobs, and an even more radical proposal pushed by Vice President Kamala Harris would be even more devastating, especially in Rust Belt states. In the analysis, Published On Monday, the release found that […]
FACT CHECK: Did CNN Share A Segment On Veterans Cancelling Their Auto Insurance?
Posts Share on social media It appears to be a CNN segment reporting on the news about veterans cancelling their car insurance. Verdict: False This video has been heavily edited using artificial intelligence (AI). Fact check: Brazil's Supreme Court has given Judge Alexandre de Moraes the power to order social media companies to remove certain […]
UAW President Portrays Kamala Harris as Working Class Hero Despite Her Green Agenda Risking U.S. Auto Jobs
In his speech at the Democratic National Convention this week, United Auto Workers President Sean Fain portrayed Vice President Kamala Harris as a “fighter for the working class.” But Harris’ green energy policies paint a different picture: They put millions of jobs in America’s auto industry and millions more in the industries that support it […]
Lobbying World: Apple alum jumps to auto industry trade association
Automotive Industry Association Automotive Innovation Coalition Adding Lindsay Abate As director of technology policy, Abate was manager of regulatory policy and government relations at Apple Inc., and comes from the White House Office of Information and Regulatory Affairs and the U.S. Small Business Administration. Tardi Harrison I am participating American Public Lands Foundation as chief […]